Affordable housing providers in Calgary awarded three City-owned development sites
Non-profit affordable housing providers have been awarded three parcels of City-owned land in the communities of Bowness, Erlton and Parkdale which will create an estimated 100 new affordable homes for Calgarians.
The non-market housing land sale aligns with outcome number one in the recently approved Home is here, The City of Calgary’s Housing Strategy 2024-2030, which is to increase the supply of housing to meet demand and increase affordability. It is a pivotal step in addressing the housing crisis Calgary is currently experiencing.
Land located in Bowness was awarded to Trellis Society for Community Impact, Calgary Dream Centre was awarded land in Erlton, and land located in Parkdale was awarded to Liberty Housing Organization.
“To help address the housing crisis, it’s important we create more homes in all neighbourhoods throughout Calgary. That includes increasing the supply of non-market housing,” says Tim Ward, Manager of Housing Solutions. “We are privileged to partner with these three non-profit affordable housing providers to benefit all Calgarians, especially those in greatest need of a safe place to call home.”
The sites were offered at below market value as part of a Council-approved policy to release up to 10 parcels of developable land every two years to increase the capacity of non-profit affordable housing providers. The non-market land sale will help non-profit housing providers spend less capital funds on the acquisition of land which frees them up to invest more dollars in the development of housing for Calgarians.
This is The City’s third non-profit land sale. The first two land sales created just under 290 affordable homes for vulnerable Calgarians.
The City will continue to address the housing crisis by implementing the 81 actions in Home is Here, The City of Calgary’s Housing Strategy 2024 – 2030 to ensure everyone in Calgary has an affordable place to call home.
For more information, please visit Land for Non-Market Housing.